Technical Analysis for BRLS - Borealis Foods Inc.

Grade Last Price % Change Price Change
F 4.00 0.00% 0.00
BRLS closed unchanged on Friday, April 26, 2024, on 53 percent of normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 21 hours ago
2x Volume Pace about 21 hours ago
1.5x Volume Pace about 21 hours ago
Outside Day about 21 hours ago
Fell Below Previous Day's Low about 21 hours ago

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Profile

Borealis Foods Inc. is an innovative food technology company with a mission to address global food security challenges by developing highly nutritious and functional food products with great flavor that are both affordable and sustainable. The company's focus on affordability and sustainability reflects its commitment to making a positive impact on both human life and the planet.
Classification

Sector: Consumer Defensive
Industry: Packaged Foods
Keywords: Sustainability Food Security Urban Agriculture Famines Food Security Challenges Food Technology

Is BRLS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 12.5
52 Week Low 3.8938
Average Volume 5,845
200-Day Moving Average 9.76
50-Day Moving Average 6.52
20-Day Moving Average 4.57
10-Day Moving Average 4.23
Average True Range 0.37
RSI (14) 31.03
ADX 27.92
+DI 18.95
-DI 32.34
Chandelier Exit (Long, 3 ATRs) 4.93
Chandelier Exit (Short, 3 ATRs) 5.01
Upper Bollinger Bands 5.51
Lower Bollinger Band 3.63
Percent B (%b) 0.2
BandWidth 41.33
MACD Line -0.71
MACD Signal Line -0.77
MACD Histogram 0.0646
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.23
Resistance 3 (R3) 4.22 4.14 4.20
Resistance 2 (R2) 4.14 4.08 4.14 4.18
Resistance 1 (R1) 4.07 4.04 4.03 4.08 4.17
Pivot Point 3.98 3.98 3.96 3.99 3.98
Support 1 (S1) 3.91 3.92 3.87 3.92 3.83
Support 2 (S2) 3.83 3.88 3.83 3.82
Support 3 (S3) 3.76 3.83 3.80
Support 4 (S4) 3.77